Saturday, October 12, 2024

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Macau estimates cut, Korea lags and Weidner eyes Danang

For those of you just returning to your desks after the Easter break, it’s been a busy few days in terms of news in the Asian gaming industry, from a potential new mega project in Vietnam, to the latest on the impact of the Covid pandemic and more details about Japan’s casino regulation.

Vietnam gaming industry approaching saturation: Casino investor

The Vietnamese gaming market is approaching saturation, says Tim Nguyen, a 20-year veteran of the casino industry in the Southeast Asian powerhouse.

Daily Asia Gaming eBrief: Vietnam suffering from oversupply of slot clubs: expert

Due to Vietnam's evolving gaming regulatory framework, clubs have flourished, but took a nosedive due to the pandemic.

Long road for Vietnam’s international tourism recovery

Vietnam is open for business, however international tourism levels are still far below their pre-pandemic peak. 

Vietnam’s Ho Chi Minh City wants casinos, potentially also for locals

The People’s Committee of Vietnam's Ho Chi Minh City has put forward a proposal to allow casinos in five-star hotels, at which locals may be permitted to gamble, as part of a raft of measures to improve nightlife.

Vietnam president meets with execs from Weidner, Steelman in NY

Vietnam president Nguyen Xuan Phuc reportedly held a number of meetings with executives from major U.S. firms this week, including Weidner Asset Management Steelman Partners in a bid to increase investments in Vietnam.

Phu Quoc casinos allowed to reopen, tourist pilot program is on hold

Authorities have allowed the reopening of certain businesses including casinos and amusement parks in Phu Quoc, though their proposed pilot program to allow international...

Your Daily Asia Gaming eBrief: Covid travel preferences to leave IRs in the cold?

Another new, even more contagious variant of Covid-19 has now been detected in Vietnam, which could be of significant impact should it get out.

Your Daily Asia Gaming eBrief: China steps up cross border crackdown

It’s a cloudy day for the gaming industry today. In South Korea, whilst Lotte Tour has finally received the government nod to open its Jeju Dream Tower casino last week, the pandemic has made it difficult to determine an exact day for its grand opening.